Andrews

February 01, 2022 Andrews Joseph Some Hot topic for the budget: Import duties on gold, metal and consumer products Privatisation Capital infusion in psu banks Infrastructure Sector Agriculture Sector PLI schemes Taxation policy Defense Industry make in India Healthcare River link Ayushmaan bharat schemes Green Energy. INDIA FIN MIN SAYS INDIA RIVER LINKING FOR 5 RIVERS FINALIZED Draft DPRs of five river links, namely Damanganga-Pinjal, Par-Tapi-Narmada, Godavari-Krishna, Krishna-Pennar and Pennar-Cauvery have been finalized. Once a consensus is reached among the beneficiary states, theCentre will provide support for implementation. INDIA FIN MIN SAYS INDIA PLANS NEW PACKAGE FOR FARMERS WITH STATE GOVT For farmers to adopt suitable varieties of fruits and vegetables, and to use appropriate production and harvesting techniques, our government will provide a comprehensive package with participation of state governments INDIA FIN MIN SAY INDIA ECLGS SCHEME TO ...

I NDIAN MARKET NIFTY WILL CORRECT OR CRASH  By Andrews Joseph 23 rd  JANUARY 2021 1.    Nifty is not able to break the ALL TIME HIGH of 18604 ( psychological Indicator RSI monthly was above 80since) October 2021 and had massive sell off or profit booking and made a low on 16 th December 2021- 16410. 2.    In the above chart you can see a good massive rally since covid crash along the trend .but the trend line has broken which doesn’t mean we will see a crash but we may enter in to bear market phase. Where consolidation phase may happen. 3.    Post a fall nifty had a sharp recovery like straight and reached 18350 on January 18 th 2022. A massive rally of 1900 points in 20 trading session 4.    Again a drop of quick fall of 900 points in just 3 to 4 trading sessions This indicates a highly volatile swing rally up and down 5.    Midcap and small cap stocks has start a recovery...

  WHAT IS A CRYPTO-CURRENCY...... In Simple Terms to understand in a laymans language I have given with an example :Suppose we buy something in a store. If the retail does not have enough money, the shopkeeper will give a token. You can buy the item for that amount or get it in cash by taking the token back to him. If you put the same token in digital form, it is the cryptocurrency. The difference is that no one distributes the token. Also, cryptocurrency   is accepted in some parts of the world. EL SALVADOR becomes the first country to accept Bitcoin as currency In simple terms, cryptocurrency means digital coins or in accountancy terms we can refer as intangible asset(means we can’t touch and feel unless like other fixed assets like gold or silver or currencies like dollar or Indian rupee). Though still it is not categorised in accountancy terms.   Crypto cannot be created fake. Each crypto   has a specific value. The value of each coin will climb up or down a...

INDIAN MARKET WILL CORRECT OR CRASH    By Andrews Joseph 21ST NOVEMBER 2021 1.Nifty has made a top of 18,604 on 19th October 2021 and made intraday fall of more than 200 points on the same day, post that gradually made a correction of 4.67% around 840 points till 18th November. And ende at 17764 on 18th November  2. I have already updated on my telegram channel on 22nd October 2021 that we may see correction. Search the below link and join the telegram channel  https://t.me/AMFTraderz 3. The fall led by reliance and other banking sector., and a disastrous opening by largest opening by paytm which has fallen 25% on first and it is likely to be continued.   4.Midcap and small cap stocks has continued to decline . 5. World indices American markets such as S&P 500 , Nasdaq and Dow all were trading in ALL TIME HIGH  after minor correction during the month of August September. Will see a  trouble if their is any delay in debt ceiling ...

US STOCK MARKET SHOWS SIGNS OF WEAKNESS By Andrews Joseph SEPTEMBER 17 TH 2021 1.US stock indices,S&P 500, Dow Industrial, Dow transportation and Nasadaq had consecutive fall for last 7 trading sessions, Despite Apple introduced new iPhone version the stock fell. 2. The famous Dow theory is showing sell signal in one of the US indices Dow Transportation. 3. Another major economic factor Seems to be a Disruption in supply chain in US. 4. Some of famous indicator such as Shiller pe ratio, buffet indicator and ray dalio indicator are not in favor of the U.S market. 5. The macro index model which shows the strength and weakness of the economy is showing weakness where it has started to drop on the downside at 0.4 and And it is the second lowest since 2009. 6. Another model called bear market probability model has started to  rise, this indicator is calculated on the basis of unemployment rate, manufacturing index and then inverted yield curve, interest rate, infl...

Nifty all time high  By Andrews Joseph Nifty has opened with a big gapup today of more than 70 points breaking all the resistance level and Infact no resistance level as of now. Opened with all time high and closed with all time high. Last time the rally was led by few stocks and sector but this time the rally was even across all sectors except IT stocks, which I have mentioned in my previous blog that IT stocks are slightly over valued. Important sectors which is noticed to be banking sectors which has made a surprise rally despite of growing NPA concerns, next quarterly result will be crucial as to see which bank has taken measures to curb the NPA ,as per my previous blog you can notice that I have mentioned that banknifty will help nifty to cross All time high. And bank nifty is trading at resistance zone. Midcap and small cap stocks has start to perform especially midcap stocks, which will be a sign of relief for retailers those who have invested in midcap stocks and their port...